207 5th Avenue, San Diego, California 92101, San Diego, 92101 - 0 bed, 1 bath
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San Diego, California 92101
This High-Yield Condo-Hotel Investment is listed at $249,000, representing a premium entry into the iconic Hard Rock Hotel. While the list price exceeds the $218,042 Fair Market Value, the asset generates a robust 6.4-7.6% CAP rate with a consistent $29,000-$32,000 annual gross income. Boasting a Good Condition Rating and Breathtaking City and Harbor Views, this unit is situated in the heart of the Gaslamp Quarter. This turnkey property is an ideal acquisition for Hands-Off Investors or 1031 Exchange Buyers seeking passive, professionally managed cashflow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 207 5th Avenue Subject | $249,000* List Price | 0 | 1 | 318 | $686 | - |
A 207 5th Ave 1250 Sold | $260,000 | 0 | 1 | 431 | $603 | 0.0 mi |
B 207 5th Avenue 604 Sold | $246,000 | 1 | 1 | 338 | $728 | 0.0 mi |
C 207 5th Avenue 838 Sold | $257,000 | 1 | 1 | 431 | $596 | 0.0 mi |
D 207 5th Ave 1224 Active | $274,900 List Price | 0 | 1 | 337 | $816 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, this property falls within the 10-20 year age range for a 'good' rating. As a luxury hotel-condo in the Hard Rock Hotel, the unit is well-maintained and move-in ready with modern finishes. The bathroom features a contemporary vessel sink and integrated mirror lighting, while the living area includes high-quality built-in furniture and a functional kitchenette/bar area. The overall condition reflects professional management with minimal wear and tear.
The property delivers a robust 6.4-7.6% CAP rate with a gross annual income of $29k-$32k, offering a truly passive, high-yield investment ideal for 1031 exchanges.
Situated in the heart of San Diego's iconic Gaslamp Quarter at the Hard Rock Hotel, the unit benefits from high-traffic tourism and proximity to premier entertainment and dining.
This fully furnished unit includes 28 days of personal use annually and features stunning city and harbor views, allowing owners to enjoy a luxury vacation home while professional management handles the rental.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 318, other record living area = 1260.
The monthly association fee of $713 is significant for a 318-square-foot studio, which may weigh on net returns during periods of lower hotel occupancy.
With personal use capped at 28 days per year, the property is strictly an investment vehicle and cannot serve as a primary residence or a traditional full-time second home.
Schedule your viewing today! High income producing unit #332. 1099 grosses $29-32k/year returning 6.4-7.6% CAP not including appreciation. This beats most other investments and is truly passive. Perfect 1031 for cashflow. I have not had to respond to a single email in years. Much more passive than Airbnb. Opportunity & Luxury in the heart of the iconic Gaslamp Quarter! Enjoy ownership at the esteemed Hard Rock Hotel, situated in one of the most dynamic and entertaining destinations in the world! With up to 28 days of personal use annually, enjoy breathtaking city and harbor views from this fully furnished one-bedroom sanctuary. Beyond its lifestyle appeal, this property offers prime amenities and a strategic location, making it an attractive investment for rental. Own a piece of the Hard Rock! Don't miss out on this opportunity to elevate your lifestyle and secure a smart investment.
No exterior & parking available.
Grades K-8 • 0.8 mi
Grades 6-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 9% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 318 | 1,107 | 0% |
| Lot Size | 52,618 | - | 84% |
| Price | $249.0K | $757.0K | 1% |
| Price per sq ft | $783 | $698 | 67% |
| Built year | 2008 | 2004 | 83% |
| HOA | $713.0 | $896 | 27% |
| Days on market | 14 | 154 | 8% |
Apr 8, 2026
$249,000
Initial Listing